Lock

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Related to lock up: Lock up period

Lock

Used in the context of general equities. Make a market both ways (bid andoffer) either on the bid, offering, or an in-between price only. Locking on the offering occurs to attract a seller, since the trader is willing to pay (and ask) the offering side when others only ask it. Locking on the bid side attracts buyers for similar reasons. Typically, the sell side requires a plus tick to comply with short sale rules.
References in periodicals archive ?
Contract Award Notice: Demolish The Lock Ups At Greenloanings Birnam Road Numbers 53-61 iaw drawings and BS6187:2011 All contractors must fully acquaint themselves with the full extent of the nature of the works for all labour material and plant to be included in your tender.
But while this rhetoric opens up some avenue for shareholders to challenge lock ups, a review of the cases shows in reality that the Delaware Chancery Court has repeatedly signed off on merger agreement lock-ups without significant scrutiny.
The details of the prisoners jailed in lock ups of different countries involved in minor or serious crimes were sought from the commissioners and DIGs of different districts of KP.
Provision of security services, including intruder alarm maintenance and monitoring, keyholding, manned guarding, lock ups, cctv maintenance, void management and door access controls.